CAMTEK ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 2024
Camtek Ltd. - Ordinary Shares (CAMT)
Last camtek ltd. - ordinary shares earnings: 2/20 06:45 am
Check Earnings Report
US:NASDAQ Investor Relations:
camtek.com/investors/overview
Company Research
Source: PR Newswire
Record revenues of $112 million; Q4 revenue guidance of ~$115 million, up 30% YoY, primarily driven by High Performance Computing applicationsMIGDAL HAEMEK, Israel, Nov. 12, 2024 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the third quarter, ended September 30, 2024.Highlights of the third quarter of 2024Record revenues of $112.3 million, a 40% year-over-year (YoY) increase;GAAP operating income of $29.6 million (up 56% YoY) and non-GAAP operating income of $34.2 million (up 56% YoY), representing operating margins of 26.4% and 30.6%, respectively;GAAP net income of $32.7 million and non-GAAP net income of $37.0 million; andStrong positive operating cash flow of $35.8 million. Forward-Looking ExpectationsManagement expects revenues in the fourth quarter of 2024 of approximately $115 million, which would represent a 30% increase over revenues in the fourth quarter of 2023, with sequential growth in Q1 2025. Management CommentRafi
Show less
Read more
Impact Snapshot
Event Time:
CAMT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAMT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAMT alerts
High impacting Camtek Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
CAMT
News
- Camtek Ltd. (NASDAQ: CAMT) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $105.00 price target on the stock.MarketBeat
- Declining Stock and Solid Fundamentals: Is The Market Wrong About Camtek Ltd. (NASDAQ:CAMT)? [Yahoo! Finance]Yahoo! Finance
- There Are Reasons To Feel Uneasy About Camtek's (NASDAQ:CAMT) Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Camtek Receives Orders for Over $50 Million for its New Product Line: HawkPR Newswire
- Camtek Ltd. (NASDAQ: CAMT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
CAMT
Earnings
- 11/12/24 - Beat
CAMT
Sec Filings
- 11/27/24 - Form 6-K
- 11/12/24 - Form 6-K
- 11/4/24 - Form 6-K
- CAMT's page on the SEC website